SD 2 billion manufacturing facility in the state, reinforcing the company’s U.S. production strategy.  The proposed site, located in Bexar County alongside Toyota's existing truck factory in San Antonio where the company already builds the Tundra and Sequoia. Construction is expected to begin in 2026 and be completed in 2029, with operations scheduled to start in 2030, creating 2,000 new jobs. The filing comes after Toyota announced in Novembe...

News  Updated at: 2026/05/16

Mercedes-Benz closing California R&D operations, consolidating at Atlanta Technology Center On May 7, Mercedes-Benz Research & Development North America announced in a California state filing that it is closing down its Long Beach research and design campus starting this summer. The 32,100‑square‑foot Long Beach complex closure will be permanent by the end of 2026, with a combination of layoffs and an unspecified number of people moved to oth...

News  Updated at: 2026/05/16

s in IT development as it adds more computing and software capabilities to its cars, and begins using artificial intelligence in more of its operations. GM similarly laid off more than 200 tech employees last October, mostly at its Warren Technical Center. (Detroit News and other sources on May 11, 2026)...

News  Updated at: 2026/05/16

VW ID.Buzz returns in 2027 U.S. lineup On May 14,  Volkswagen of America announced its 2027 model year lineup.  The ID.Buzz, after a short absence and skipping the 2026 model year, rejoins the 2027 Volkswagen model lineup with trims that now include the Pro S RWD, Pro S 4Motion (new), Tourer 4Motion (new), and Pro S Plus 4Motion. Built off the Pro S 4Motion model, the new ID. Buzz Tourer adds a fold-out mattress with platform, window blinds, fr...

News  Updated at: 2026/05/16

he Heart of Joy superbrain, and an 800V architecture that allows up to 400 kW charging at DC fast charging stations. Customers can add 185 miles of range in just 10 minutes, or charge from 10% to 80% in 21 minutes at an 800V DC charging station via the standard NACS port. (BMW USA release on May 7, 2026)...

News  Updated at: 2026/05/16

erred pricing program at IONNA charging locations across the U.S., further enhancing the public charging experience for BMW and MINI electric vehicle drivers. BMW and MINI drivers who initiate charging with Plug & Charge or the My BMW App will receive 20% off charging sessions through September 30, 2026.  The offer is meant to support all current BMW EV owners ahead of the launch of the next-generation BMW iX3, which arrives later this year. ION...

News  Updated at: 2026/05/16

ard (CCFR) rebate program to boost sales of electric medium‑ and heavy‑duty trucks, funded by money from the state’s Low Carbon Fuel Standard program which is financed by credits purchased by producers that do not meet established benchmarks. Approximately USD 250 million will be available in 2026, and more than USD 1 billion in total rebate funding is expected through 2030. Starting on June 26, rebates running from USD 7,500 to USD 120,000...

News  Updated at: 2026/05/16

companies with more than 8,000 employees across 20 facilities. AKFA Group produces up to 100,000 tons of product annually, supplying materials for global markets including construction, transportation, renewable energy, and construction. (Kentucky Cabinet for Economic Development release on May 7, 2026)...

News  Updated at: 2026/05/16

inutes and a full charge in 3.5 hours. It comes with a top speed of 60 km/h across three modes. The vehicle features TVS SmartXonnect for real-time navigation, alerts, and diagnostics, 500 mm water wading capability, 31% gradeability, etc. It will be available across the full dealer network by June 2026, distributed through Jagdamba Motor Private Limited. The launch marks TVS Motor's first electric three-wheeler market entry in Nepal. Based on th...

News  Updated at: 2026/05/15

Tata Technologies, India updates about new deal wins On May 4, 2026, Tata Technologies secured a series of new deal wins. In Q4, the company closed a long-term strategic engagement with a North American commercial vehicle OEM spanning PLM, testing and quality assurance, MES, and project management, and a multi-year deal with a Tier-1 automotive supplier to scale a global engineering center. In April, two further wins were secured: a large multi-...

News  Updated at: 2026/05/15

JLR India retail sales decline by 2% in FY 2026 On May 15, JLR India announced that during FY 2026 (ending March), its wholesale volumes were broadly flat at 6,210 units, while retail sales declined 2% YoY to 6,031 units. In Q4 FY 2026, wholesale volumes grew 6% YoY to 1,812 units, while retail sales declined 8% YoY to 1,651 units. The company also reported 14% YoY revenue growth for FY 2026, driven by a favourable product mix and strong demand a...

News  Updated at: 2026/05/15

Ola Electric, India to infuse INR 20 billion into EV tech and cell manufacturing subsidiaries On May 15, 2026, Ola Electric Mobility Limited's board approved a combined investment of INR 20 billion into two wholly owned subsidiaries: INR 15 billion into Ola Electric Technologies Private Limited (OET) and INR 5 billion into Ola Cell Technologies Private Limited (OCT). Both investments are to be completed on or before May 14, 2027. OET, incorporat...

News  Updated at: 2026/05/15

sensor interface for parking assistance systems, the NSL21912/16/24FS LED driver family for vehicle lighting applications, and the NSM41xx wheel-speed sensor family for chassis systems. Additionally, the company announced that it will showcase its analog and mixed-signal IC solutions at PCIM Europe 2026 and will also participate in SENSOR+TEST 2026 to present its wider sensor portfolio. Based on NOVOSENSE press release...

News  Updated at: 2026/05/15

pment Grinding machines, machining centers, cutting machines, control equipment (including IoE-related products), industrial heat treatment furnaces, etc. -According to the Company, it has the world’s largest market share in the power-steering segment. Mid-term Management Plan (Ending in FY2026) Basic Policies and Monetary Targets Sales: JPY 2 trillion (same level as in FY2023) Profit margin: 3.9% (currently). Target: 5-6% ROE: 5.5% (cu...

Major Suppliers  Updated at: 2026/05/15

sing their combined scale, technology, and R&D strengths. Under this plan, their joint venture Dongfeng Peugeot Citroën Automobile Co., Ltd. (DPCA) will start building two new Peugeot EVs at the Wuhan plant, China, from 2027. These models will follow Peugeot’s latest design concepts shown at the 2026 Beijing Auto Show and will be sold in China and other global markets. The plant will also produce two new Jeep electric off-road vehicles for glo...

News  Updated at: 2026/05/15

our business policy remains based on local production and consumption, we believe that a flexible approach combining different perspectives is necessary, considering rising costs due to factors such as increased labor costs.We estimate the annual new car sales volume for the passenger car market in 2026 will be approximately 95 million units, and we expect it to continue to expand gradually. While the market size for finished vehicles is only gro...

News  Updated at: 2026/05/15

completed the process of allotment of the land.- Planned final production capacity -1,000,000 vehicles/year;- Investment - INR 110 billion (USD 1.42 billion);- Start of construction - 2022;- Start of production - 2025 Suzuki (India) Production Capacity Plants units/year Plan (2025) Plan (2026) Note Maruti Suzuki India Ltd. Gurgaon 700,000 700,000 - Manesar 900,000 900,000 - IMT Kharkhoda 250,000 500,000 750,000 units (2029-planni...

OEM Plants  Updated at: 2026/05/15

CNG (2022-), Toyota Glanza CNG (2022-); Third plant: Dzire (2021-2024); SUV Fronx MHV (2023-)/Toyota SUV Urban Cruiser Taisor (2024-), SUV Fronx CNG (2023-)/Toyota SUV Urban Cruiser Taisor CNG (2024-); Engine: K & Z series, Transmission; EV SUV eVITARA (2025-)/ Toyota SUV Urban Cruiser Ebella EV (2026-), Battery assembly (2025-); 2nd EV (2026 -planning), 3rd EV (2027-Planning), Solio MPV (2029- planning); Maruti Suzuki's plant, started operat...

OEM Plants  Updated at: 2026/05/15

S-CNG (2020-), S-Cross smart hybrid (2020-2022), Jimny (2020-2023), Alto K10 S-CNG (2022-), Jimny 5 door (2023-); Engines: K10 and K15-Series gasoline engines Maruti Suzuki's plant, OEM supply to Toyota, R&D center Suzuki (India) Production Capacity Plants units/year Plan (2025) Plan (2026) Note Maruti Suzuki India Ltd. Gurgaon 700,000 700,000 - Manesar 900,000 900,000 - IMT Kharkhoda 250,000 500,000 750,000 units (2029-planni...

OEM Plants  Updated at: 2026/05/15

, MPV XL6 (2019-), Mini SUV S-Presso (2019- ), Baleno smart hybrid (2019-2023), S-PRESSO S-CNG (2020-), Vitara Brezza Smart HV (2020-2022), Celerio S-CNG (2020-), Brezza (2022-), XL6 S-CNG (2022-), Dzire S-CNG (2022-), Baleno S-CNG (2022-2023); Toyota Rumion MHV (2023-), Rumion CNG (2023-); B SUV (2026-planning); Nissan Pixo (-2014); Transmissions, Manual Transmission; Casting; Maruti Suzuki's plant, also supply OEM models to Toyota Suzuki ...

OEM Plants  Updated at: 2026/05/15